Bitcoin Forum

https://coin.dance/blocks  76% blocks mined today support segwit2X
bitmain is raising an ICO to make sure they can buy enough hashrate to make sure a hard fork. But it seems that miners are supporting the compromise approach segwit2X now.

Yeah, looks like segwit2x is going to happen. Bitmain is also in favour of it, the hardfork idea was their plan B (if segwit2x fails and UASF gets traction).

What ICO are you referring to?? If you mean Giga Watt, that's a scam:

https://blog.bitmain.com/en/gigawatt-infringement-announcement/

It seems that there's no way that Segwit2x won't happen at this point, the question is how the community will respond to the hard fork

Yeah, Segwit2x is going to happen, Segwit would be activated and then three months down the lane hardfork is coming, that was Bitmain's plan A. The August chain split is just getting postponed for another three months. And once hard-forking is done, it would force the entire network to upgrade to the new consensus rules, there is no backwards compatibility, upgrade or just get kicked out of the bitcoin network.

Obviously in terms of the size of bitcoin network, a hard-forking would definitely have a deep impact. Guess there is no use putting hope on BIP148 to activate Segwit as a soft fork.

I guess what Vitalik Buterin is to ETH, Bitmain/Jihan Wu is becoming to bitcoin.

It's going to be very positive. This is what we were supposed to get until Core unilaterally tore the HK agreement.
Since it's also a compromise, the majority of people in both sides will be happy.

This is confusing. Can anyone explain which among these are compatible with SegWit2X?

As of now, these are the hash rate stats:

Emergent Consensus: 40.6%
Segregated Witness (BIP 141): 30.5%
SegWit2x: 16.0%
Extension Blocks: 6.2%
BIP 100: 6.1%

How did you reached 76%? Is it Emergent Consensus+Segregated Witness+BIP 100?

bryant you need to look at "today's" figures i.e., the last 144 blocks (not the "week's" figures i.e., 1000 blocks).  Hover mouse over top graph (orange rectangle in segwit2x section) to get last 144 block figures.

Hover over the orange lines to look at today's stats. The 'this week' stats are expected to reflect what the last 144 blocks are showing sometime next week.
https://i.imgur.com/9drFm9z.png

the hard fork is just the bitmain coin right? why the community should care about this new altcoin? exchange will never listen a bitcoin clone like that sow e are safe against their malicious intention, segwith2x will make bitcoin go very high in value, i'm buying more now

He just said he would fork IF UASF would get a go.

But since it looks like SegWit2X will be initiated before August 1st (UASF date) the UASF will not happen and Bitmain has no reason to initiate his fork.

And hovering over makes the things even more confusing.
Also check this out:
https://s17.postimg.org/4xf6htkin/g_Be_Y3c.png

But in the end..... JUST DO IT!!!!
I'm getting too old for this never ending game of bitcorns.

It is indeed confusing that that block mined by Antpool didn't signal for segwitx2 or BUcoin... maybe they are testing things up.

According to Barry Shillbert on twitter, the hashrate is 80%+ now anyway so it will lock in, but people should still pressing with UASF148 until the end, can't trust these people.

76.4% right now. If we get to 80% mark, then it will be a huge achievement. But I am a bit worried, as it has remained stuck at 75%-77% for quite some time now. How hard is it to get an additional 3.5%?

Correct me if I am wrong but

1) At the moment Segwit2x Minders are signaling only NYA
2) Sometime before August 1st they will switch over to bit 1 (?) and so signal the same as all "normal" segwit miners
3) When this happens we are well beyond 95%

please excuse me anyway, what is segwit? is it bad or good that can give to anyone?
What is the exact meaning of Segwit? I'm a bit confused about this things.

79.2% right now!!!

It can't get any closer. A difference of just 0.8%. I am still having a few doubts regarding it. For how long this 80% consensus needs to be maintained? And if the consensus dips below 80% for a short time period, does it gets void? This 80% mark, is it average required or the mandatory minimum?

Nice development by the miners. Glad to see it. Especially at this critical point where the total market cap of all coins is straddling the all time high. From a technical standpoint we need to break above that.. hit a good 120 billion.. it's in all our best interests.  Knowing that bitcoin will become more scalable with lower fees helps us all. It's trading short term gain for long term prosperity. It's the smart move.

from what i have read the "consensus" is at 95% not lower.
and that 0.8% you see is just fluctuations.
also the duration that they should keep signalling without falling under the said percentage on average is a full difficulty adjustment period. and then it will Lock_in. and it is on average meaning if it is 97% then goes down to 94% and up again and down again it still is considered on average above 95%

Probably, if the miners don't fall back in the last minute. Some might stay behind, but will die or join the new chain soon.

79.9% as per coin.dance, although cointelegraph are already celebrating and reporting 80% threshold was reached (article from 20 hours ago):

https://cointelegraph.com/news/segwait-is-over-bitcoin-network-shows-80-percent-support-for-segwit2x

80,6% now at Coin.dance

So it seems we will have a seamless transition and scaling upgrade won't disappoint us.
With so much hash power backed SegWit2x there is no way that chain will be split and I expect that other miners/mining pools will simply follow the majority.No AFAIK they change the number - 95% of hash majority was an unrealistic number to begin with. New threshold needed to proceed with upgrade is 80% support.

Just to avoid the hassles with these percentages, they changed the schedule to a more complicated one:

- first: they begin to signal for BIP91 and it gets locked in with 80%.
What does BIP91? BIP91 is very similar to the "UASF" "BIP148". If it's locked in, then all nodes and miners that run this client will only accept blocks from miners will be accepted if they signal for Segwit and they will mine alternative blocks if a chain is built on a "non-Segwit-Signalling" block, orphaning this chain.
- Then, they'll wait for Segwit to achieve 95% approval. As 80% of the miners are supposed to have switched to the BIP91 client, that will be very easy as they simply ignore any chain that includes a non-Segwit block - so it should be instantly 100% support.

Yep. I've even read somewhere that it got up to like 80+%. I'm still not sure if I'd prefer SegWit or BU but I'll take any solution since I think any one of both is necessary as soon as possible.

It wont be so seamless transition, there going to be fight over the 2MB part for sure and it has potential to split Bitcoin if almost everybody relevant wont upgrade to 2MB. I think the USAF BIP148 folks wont accept 2MB and create toxic atmosphere again to prevent Core accept the 2MB part as well - potential for real Bitcoin split. So expect more drama in few months.

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The coinbase NYA voting is just expressing a position. The true signalling come next month when SegWit2x code is fully tested.

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SegWit2x has nothing to do with BU. It is basicaly SegWit and 2MB base blocksize increase.

As pointed out the real fireworks begin in October, when the war for the 2MB increase begins, this is just a period of peace until that day comes. No amount of hashrate will brainwash me into running Garzick's software tho. Unless reputable devs back it up im not going to install that one (and all Core devs are against it).

We'll see how this resolves... at least it seems I can have a more relaxed summer and not worry about August 1st anymore.

By ICO, i mean Bitmain is supporting Viabtc to start an ICO to buy enough hashrate to make sure a hard fork.

86.1% now @ coin.dance. Looking good :)

is this like litecoin where the time needed for the activation must match the time of the whole time of the diff retarget? i mean the current percentage must remain there for a tiem frame of two weeks right?

This segwit BIP and all that stuff is starting to gather some traction beneath their belts now.

It isn't too long until it stops litecoin in it's track dead cold.

Naw, ltc even at 100 bucks at btc's 3000 bucks if all btc cluster is resolved is likely
Imho. If btc current plan goes cluster, then ya ltc would well explode beyond a 100 bucks
say, as the only alternative with seg witness and lightning at that point in time.

The Bitcoin hard fork SegWit2x is planned somewhere in the 3º week of November. The B2X will be a lot more complex that the other 2 forks (Bitcoin Cash and Bitcoin Gold). The developers of B2X  don´t look to it as a new altcoin, they want to implement it in the Bitcoin code and make that everybody accepts it and supports it. Anyway nobody as the power to make a global decision, so possibly we will see the appearance of a new alt-coin.

Yea , very much excited . Already getting to see faster transactions and even much much cheaper fees. But the craze will be only for a few days and then everything will just seem Normal

As you said about bitcoin cash and bitcoin gold. They are two different units of bitcoin. Which is giving an extra opportunity to people if we hold bitcoin cash now a days we know that it will reach to high price while bitcoin gold is a unique project of bitcoin which will attract those people who are interesting in bitcoin because you will feel the power of gold without exist of gold with bitcoin.

A new statement of the Hong Kong community is that also them are opposing to the implementation of SegWit2x. The group is made by some local members os the Bitcoin community and the Hong Kong Bitcoin Association. They stated that due to a lack of general agreement of the community and the lack of strong protection against repetitive attack, we consider the SegWit2x a silly effort that will make disruption and damage the ecosystem.

miss bitcoin, should not miss SegWit2x this time, now the fork is coming, get my ready to accecpt you.

Segwit2X no longer exists, I heard that the latest segwit2X has returned, and I wonder what kind of changes the segwit2X will bring to bitcoin. Will the fee for the transfer be very low? ???

Stop calling your worthless shitcoin SegWit2x.  It isn't SegWit2x.  You just stole the name.  

SegWit2x was called that because it had a 2MB base and 6MB witness, total 8MB blockweight.  Your shitcoin has a 4MB base, so presumably 12MB witness and 16MB total blockweight?  Or do you not even know because there's nothing about that whatsoever on the website?  Then on top of the egregious increases to the size of blocks, you're also targetting a block speed of 2.5 minutes, meaning the total size of the entire blockchain could expand at never seen before speeds if people actually used this shitcoin.

And then, as the icing on the turd, the part where you think it's okay stealing coins from private keys that don't belong to you to encourage adoption of your shitcoin:


Go away with your wet-dream of a fork.  Anyone with an actual brain will be staying far, far away from it.

I agree with you completely! However, it is $560 on futures....I mean really, my BTC addresses are now virtual real estate land for FORKs piling on?

I'd sell the forked coin....but see bitcoin core doing NOTHING of note, on the transaction fees and lighting mods.....

the choice is getting stark.....pick bitcoin core and get no relief as they fiddle while Rome burns...(let them eat cake we only move at a snails pace)

no hard forks here ..the network can grind to a halt first ...but we have principles!

or listen to the Bitcoin Cash fork guys, who have some scaling with blockchain increase..but if the coding was a boat, I would not put my cat in it

all the while claiming it is better than anything ever invented!

FML...they are both gonna conspire, due to idiocy, and sink my frigging BTC of many forks.....

segwit2x or dead. Hi, if it not complete, Bitcoin will be replace by Bitcoin cash. Hi